Forex Current Trend Dots Indicator
Forex Current Trend Dots Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around following the trend. Its source code uses moving averages. It draws arrows on the chart. It has 5 settings, for example Length (default 10), Applied Price (default 0) and Filter (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Forex Current Trend Dots Indicator
Forex Current Trend Dots Indicator is an indicator for MetaTrader 4 based on Moving Average. It draws buy and sell arrows on the chart. It has 5 settings, such as Length, Applied price and Filter. MQL source code included.
Files in the download: dots.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Length | 10 | |
| Applied price | 0 | |
| Filter | 0 | |
| Deviation | 0 | |
| Shift | 0 | Bar shift (0 = current bar) |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Trend · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code